Austrian raises job loss forecast

Austrian Airlines Group is increasing the number of potential layoffs as a result of its acquisition by Lufthansa. CCO Andreas Bierwirth told the Austrian Press Agency that "the total workforce could be reduced to 6,000" by the middle of next year, as opposed to the originally planned 6,500. "In several areas, it is necessary to reduce the workforce more than planned." As many as 300 of those jobs could come from Austrian's Vienna maintenance operation. "AAG has to operate profitably when ...